Cisco And NetApp Invest In Datos IO, OEM Agreement With NetApp In The Works
#NetApp and #Cisco Systems have invested in #DatosIO, a developer of application-centric data management. The startup’s CEO also reveals that his company is pursuing an OEM relationship with NetApp. Datos IO, founded in 2014, came to market in 2016 with a technology that manages multiple thousands of copies of data across multi-cloud and hybrid cloud environments, said Tarun Thakur, CEO and co-founder of the San Jose, Calif.-based company. ￼ Before the investment from NetApp and Cisco, Datos IO had already raised about $15.25 million in venture funding, Thakur told CRN. He declined to discuss how much either company invested in Datos IO, other than to say both invested “millions.” He did say their investment was not announced as a new funding round.